Central Glass (4044) investor relations material

Executive summary

• Net sales rose 0.2% year-over-year to ¥144,479 million, driven by proactive sales activities.

• Operating profit declined 5.6% to ¥10,029 million, while ordinary profit increased 1.0% to ¥12,281 million.

• Profit attributable to owners of parent surged 47.2% year-over-year to ¥8,360 million.

• Comprehensive income grew 74.6% to ¥13,118 million.

Financial highlights

• Gross profit decreased to ¥38,583 million from ¥39,358 million year-over-year.

• Basic earnings per share increased to ¥337.27 from ¥229.14 year-over-year.

• Equity ratio improved to 62.5% from 57.0% at the previous year-end.

• Cash and cash equivalents at year-end were ¥22,078 million, up slightly from ¥22,040 million.

• Net assets rose to ¥128,212 million, up ¥7,148 million year-over-year.

Outlook and guidance

• FY2027 net sales forecasted at ¥164 billion (+13.5% YoY), operating profit at ¥10 billion (flat YoY), ordinary profit at ¥10.3 billion (-16.1% YoY), and net income at ¥7.2 billion (-13.9% YoY).

• Dividend policy maintains annual dividend at ¥170 per share, with a payout ratio of 50.4%.

• Uncertainty expected due to raw material/fuel price increases and geopolitical risks.